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Search Results 0 to 9 of about 10 (some duplicates have been removed)
and the taxing of i.r.a.s and retirement plans. this has the nation abuzz. it has talk radio athe buzz. because people are worried, and they're not hearing by the way, tom, the $3 million threshold. because wh americans are hearing is the government is now going to plunder people's lifetime retirement savings. i think it's a very dangerous idea. >> i do too. one analyst said, if you start when you come out of college, so you're in your early 20s, and you go to your 60s, that the average nurse's salary, i mean, $3 million sounds like a lot to a lot of people, kind of that class warfare thing. the average nurse's retirement account will add up to more than $3 million. >> no doubt about it. i talk to young people, the most important thing you can do when you're in your late teens and your 20s is start saving early. as you know, what is it that albert eye stein said in the most powerful force in the universe is compound interest. if you start saving early, putting money in ira, 401(k) plans, you can amass not just 3 but $5 million, $10 million. is there something wrong with that? since when does th
. the capping of the money that you can put into 401(k) plans and the taxing of i.r.a.s and retirement plans. this has the nation abuzz. it has talk radio athe buzz. because people are worried, and they're not hearing by the way, tom, the $3 million threshold. because what americans are hearing is the government is now going to plunder people's lifetime retirement savings. i think it's a very dangerous idea. >> i do too. one analyst said, if you start when you come out of college, so you're in your early 20s, and you go to your 60s, that the average nurse's salary, i mean, $3 million sounds like a lot to a lot of people, kind of that class warfare thing. the average nurse's retirement account will add up to more than $3 million. >> no doubt about it. i talk to young people, the most important thing you can do when you're in your late teens and your 20s is start saving early. as you know, what is it that albert eye stein said in the most powerful force in the universe is compound interest. if you start saving early, putting money in ira, 401(k) plans, you can amass not just 3 but $5 million,
. nasdaq up 26. if you are a lot of people online shopping break you get on sales tax. it can add up. washington wants a piece of the action. chief washington correspondent james rosen on the online money grab. >> the motion is agreed to. >> ecommerce may soon get a reboot after the senate voted 74 to 20 on monday to advance the marketplace fairness act. a measure that would require online retailers who do more than a million dollars a year in out-of-state business to collect the applicable sales taxes for each state in which their online buyers reside. proponents say this will level the playing field for bring and mortar stores whose owners have grown accustomed to seeing customers browse the showroom only to dash off to a computer or hand held device. >> that's not fair. that's discriminating against the local merchant. the local merchant who hires local people. the local merchant who pays property taxes. >> nine states have enacted online sales taxes. enforcement thus far has been lax. the marketplace fairness act would require the states to provide online retailers with new softw
is saying today. >>> also your online shopping could get very different very soon. is it a tax hike or just a way to help out some small business owners? prices will be going up. >>> and the sounds of a sickening discovery. aerothe 911 calls made by the people of west texas as they reported on that plant explosion that just about wiped part of their town off the map. all of that and breaking news as the second hour of "happening now" starts right now. jon: a new terror plot uncovered in canada linked to al-qaeda in iran. the alleged target, a passenger train traveling between new york and toronto. it is a brand new hour of "happening now," thanks for joining us, i'm jon scott. jenna: hi, everybody, i'm jenna lee, and here's the story. there are two suspects now in custody, and they will be appearing in court today. canadian police picked them up in montreal and toronto following what's been described as a lengthy investigation. the men allegedly received direction and guidance from al-qaeda members, and here's the catch: apparently, these al-qaeda members were based in iran. national corres
this is a phony crisis, aimed at a $1.2 trillion tax hike because federal agencies cannot get their priorities in order. we've got proof. we're going to show you something. stay with us. kudlow. i know what you're thinking... transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you're ready real business. >>> all right. first up, as airport delays mount to the faa is blaming the spending cuts sequester, forcing thousands of air traffic controllers to take unpaid leave. but republicans blame the obama administration for selectively choosing which cuts would make us all feel the most pain. take a listen to kansas senator jerry moran earlier today. >> it seems as if politics is playing a significant role in the determining what actions the faa are
to have the same enthusiasm for paying taxes for the education of its college students today than it had during the cold war. >> anybody else? back in the red shirt in the middle here. >> one of the kingpins of hollywood, more behind the seasons, was lou wasserman who seemed to helped his forces to some political efforts. what was his leanings? was he considered to be a lefty, righty, or just a pragmatist. >> the question is about lou wasserman and his political lengs. -- political leanings. richard? >> lou was seniorman was essentially a man defeated to the welfare of universal pictures. that's what he did and how he defined himself. it seems to me that wasserman was in a certain sense value neutral so long as whatever was happening worked to the benefit of his studio and his enterprise, and it was a vast enterprise by the time it was -- it reached full maturity. i don't think he was -- i don't think he was evil man. he was just a guy really tending to business in a very, very, i must say, very effective way. there's no question in my mind at least, that he was the weeding ontrip -- the
is to make sure any people moving to rpi is paying all taxes. if the language has to be clarified, that is what the committee process is for. >> thank you very much. i see my time is expired. thank you very much. >> thank you. a wanted to thank you very much. this is a broad reaching portion. i'm grateful for you doing your very best, particulate at this time when we open this hearing for reflections on the tragedies in boston and west texas. i am from the mid-atlantic, what assurance can negus of islam to great the ability to issues that >> this is to make sure that the additional activities are defined. this'll help the economy grow and every state. >> there has been some discussion about discretion. under current practice they use the authority very sparingly. it said is have shown roughly 1% of all cases. how much more should we expect the department to exercise ?iscretion decks >> mardy do that pursuant to policy. -- we do not think that is pursuant to policy. >> they spent time the information from own cases. significantspend time because there's a discovery .rocess >> provi
be another one of those. but you have had the payroll tax increase go into effect. you've had sequestration go into effect. you have no growth in people's incomes. that was the more disappointing numbers out of the last unemployment insurance report. and if people don't have money, they can't spend money. and finally, we're being affected in the slowdown in europe in particular and the slowdown in the emerging markets. our export growth has fallen to about zero at the moment because there isn't demand overseas for our products. so it feels like a little bit of a soft spot, but we'll see. >> how much of this is consumer confidence, do you think? >> consumer confidence definitely plays a role. but consumers right now don't have the money to spend. and if they went out and spent, they'd be borrowing money. i don't think -- i think it's a more fundamental problem in a way than consumer confidence. >> steve, my long wait yesterday trying to get up to new york, in the lounge was tim geithner waiting for the flight, as well. i asked him, we're seeing these good signs in the economy, how much of it
to defend soviet totalitarianism. they don't have the same thing for paying taxes for the education of its college students today. one of the kingpins of hollywood mourned behind the scenes he seemed to lend solace time -- what were his lanning as? was he left, right, what were his politics? he was eventually a man devoted to the welfare of universal pictures. that's what he did, that's how he definedit seems t me thatase. so long as work to the benefit his studio and enterprise and was a vast enterprise but it reached full maturity. i don't think he was an evil man is no my mind a guy tending toy he was the leading entrepreneur of hollywood and he was the man people went to to settle disputes and problems and he was notoriously fairly honest broker he's a fascinating man and there's a tendency with people of great power and motion picture business there is a tendency to kind of step back and kind of fear, but i think in the largest sense he was an honest broker and there are not that many of them in the industry ever so i don't think we will know the full extent what he was doing, what h
Search Results 0 to 9 of about 10 (some duplicates have been removed)